Ukraine continues to fight, but markets today believe the war may not last long. In response to yesterday’s negotiators, the ceasefire talks have progressed significantly for the first time, they are stepping up today shares or the Czech koruna, on the contrary, the price of oil is falling.
“Virtually all Central European currencies reacted positively to this development. The most successful currency today was the Hungarian forint with a profit of over two percent, the Polish zloty credited one percent and a half, the koruna roughly one percent, when it traded below 25 CZK / EUR for the first time this month. It oscillated around 24.90 CZK / EUR practically throughout the day, “says Jan Vejmělek, an economist at Komerční banka.
Barrel ropy Brent, from which the price of Czech pumps learns, is now around four in the afternoon cheaper by about 8% below $ 104 in the last 24 hours. A week ago, the price jumped above $ 130.
Reports of a possible ceasefire also help stocks. The index of the German stock exchange DAX is growing by about 2.6%, adding more than one percent Prague Stock Exchange and its PX index. Trading in the United States also started in the green, and the S&P 500 index is starting to grow by less than one percent today. But it is still true that the shares are losing this year. The DAX has been around minus 12% since the beginning of the year, the PX minus 8% and the US S&P 500 is losing 11%.
Bitcoin stagnates and trades around $ 39,000 apiece. Gold today it is losing more than a percent and a troy ounce is for less than $ 1960.
